The ongoing conflict in the Middle East could impact the global economy, including Indonesia. Serving as a resource person on the Closing Bell segment on CNBC Indonesia, the discussion focused on the effects of the Middle East conflict on the global economy.

The continuing conflict may drive up crude oil prices and weaken the Rupiah exchange rate. Therefore, the Indonesian Chamber of Commerce and Industry (Kadin Indonesia) sees that the business world is placing its hopes on the Indonesian government and global stakeholders to help push for conflict de-escalation in order to achieve global economic recovery.